Solana Price Analysis: SOL Meme Coins Explode Amid Meteora DEX Lawsuit

Quick Summary:

Solana price has been one of the top performers this week after bouncing from $134 to trade at $151 at press time.

This rally has coincided with a surge in SOL meme coin prices, as their market cap surged by 23% in the last 24 hours to $8.7 billion.

These meme coins are gaining after several investors filed a class-action lawsuit against Solana-based DEX Meteora for allegedly orchestrating a $69M pump and dump scheme.

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Author / Journalist: muthoni

Category: Crypto

Markets: India

Topics: Solana price SOL price analysis Price Analysis SOL price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 12:03:47 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 515 words

Reading Time: 3 minutes read

Sentences: 43 lines

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Copyright Owner: © CoinGape

News ID: 28170665

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